Trump Fulfills Another Campaign Promise With Latest Executive Order
New Congressional Investigation Launched Into Biden's 'Green' Grift
Eric Adams Just Cooked the Media
Wait, Did This CNN Host Just Blame the Delta Plane Crash on Trump?
Top Social Security Official Calls It Quits After Clashing With DOGE Team
Embarrassing AP Report on Air Traffic Controllers Proves the White House Wise in...
New York State Wants to Treat 3D Printers like Guns
Former FBI Agent Peter Strzok Wipes X Account Ahead of Kash Patel’s Confirmation
Jerry Seinfeld Shuts Down Pro-Palestinian Activist with Hilarious Response
Why Was Al Sharpton Meeting With Kathy Hochul As She Plots to Potentially...
How US Technology and Aid Have Created a New Brand of Cultural Imperialism
Judge Rejects Democrat-Led Effort to Stop DOGE Access
ABC News Piece on Who's in Charge Raising Lots of Questions
This Democrat Rep Just Compared JD Vance to Hitler
Guess Who's Rushing to Support Those Australian-Islamist Nurses Who Vowed to Murder Israel...
OPINION

What's Really On The Mind Of The Market?

The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.
Advertisement
Advertisement
Advertisement
AP Photo/Richard Drew

Feels like the market wants to take a breather at the start of trading, as its a whirlwind period of excitement. 

Lots of questions this morning, including:

Can the value trade keep up its torrid pace?

Advertisement

I think this will continue, especially in Industrial names.  The upgrade of the morning is UBS going to buy from neutral on Boeing (BA) with target of $300.00

If there is new leadership, where would it come from?

The pattern of investors moving into big tech and communication stocks when they are unsure, should continue.

Will Congress stop punking the market and do something on stimulus?

The bifurcation of Main Street and Wall Street is a reminder we need more than the wealth effect of stocks and the housing boom when government is forcing people not to work and small businesses are folding.

Couple that with that jobs report, and I think we could get stimulus out of Congress this week.

To see the chart, click here.

Will the hot IPO market spark a market wide spike higher?

The answer is yes. There will be additional buzz when AirBnB and Door Dash go public this week.

S&P 500 Index

+0.88%

 

Communication Services XLC

+0.09%

 

Consumer Discretionary XLY

+0.10%

 

Consumer Staples XLP

+0.77%

 

Energy XLE

+5.45%

 

Financials XLF

+1.22%

 

Health Care XLV

+1.07%

 

Industrials XLI

+1.19%

 

Materials XLB

+2.02%

 

Real Estate XLRE

+1.33%

 

Technology XLK

+1.00%

 

Utilities XLU

 

-1.00%

Advertisement

 

Earnings Calendar

Monday

  • Morning JKS (note JKS has already posted a disappointing number)
  • Afternoon CASY, COUP, HQY, SMAR, SFIX, TOL

Tuesday

  • Morning AZO, BF.B, CMD, CONN, GIII, HRB, THO
  • Afternoon AVAV, CHWY, GME, GWERE, MDB, PHR

Wednesday

  • Morning CPB, DBI, LOVE, PLAB, UNFI, VRA
  • Afternoon ADBE, CMTL, GEF, MESA, RH, VRNT

Thursday

  • Morning CIEN
  • Afternoon AVGO, COST, PLAY, LULU, ORCL, MTN

Friday

  • Morning ROAD

Portfolio Approach

There are no changes to the weighting in the Hotline Model Portfolio this morning.

Today’s Session

Let’s get a feel for the mood of the market.

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos